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When you’ve taken the right steps to protect yourself and your family by creating a will, power of attorney, trust, and other estate planning documents, you deserve a big round of applause. Most people know they should do something, but they never take action. Others start the estate planning process […]
Category: Estate Planning
Understanding Pour-Over Wills Compared to Traditional Wills
November 29, 2024 April Nordhaus Estate Planning Probate and Estate/Trust Administration Wills & Trusts
If you are considering or have already created a revocable living trust, you may have heard that you should have a certain type of will known as a “pour-over will” to complement the trust. This is good advice, but it is a little confusing if you’re not thoroughly familiar with […]
A will is the best-known component of estate planning. People realize that they need to have a will even if they don’t understand that they have an estate. In movies, we see people writing out a will and leaving it for others to find. We also see ads for do-it-yourself […]
The right estate plan can protect you during the aging process, safeguard your family, and provide a smooth and inexpensive means of transferring property to loved ones in the future. The wrong estate plan could be almost as bad as no estate plan whatsoever. When you understand the most common […]
Many people think estate planning is all about transferring property after your death. While asset protection is a key part of estate planning, a comprehensive estate plan not only safeguards your loved ones after you pass away but can also help protect health care interests during your life as well. […]